Iraqi and Iranian officials will meet next week to try to solve their border issues, including the dispute over a southern Iraqi oil well which Iranian forces occupied last month, foreign ministers of the two neighboring countries said Thursday. Iranian Foreign Minister Manouchehr Mottaki made the announcement after meeting his Iraqi counterpart, Hoshyar Zebari, in Baghdad. "Everything will be solved," Mottaki told a joint news conference. "Joint technical committees will start meetings in a week from now, and the borders between the two brotherly countries will be marked," he added. "We have agreed to normalize the situation on the two...

Tehran denies Iraqi claim to borderline oil field, says troops are 'on Iranian soil, as defined by known international borders'. Iran confirmed Saturday that its forces had taken over East Maysan oil field, located on the Iran-Iraq border. The move caused a 2.4% spike in oil prices. "The Iranian forces are on Iranian soil, as defined by known international borders. This oil field is Iran's" said an Iranian armed forces statement quoted by the Islamic Republic Arab-language television station, al-Alam.

NASIRIYAH, Iraq (AFP) – Iranian forces took control of a southern Iraqi oil well on a disputed section of the border on Friday, US and Iraqi officials told AFP. "There has been no violence related to this incident and we trust this will be resolved through peaceful diplomacy between the governments of Iraq and Iran," a US military spokesman told AFP at Contingency Operating Base Adder, just outside the southern Iraqi city of Nasiriyah. "The oil field is in disputed territory in between Iranian and Iraqi border forts," he said, adding that such incidents occur quite frequently. An official of...

NASIRIYAH, Iraq (AFP) – Iranian forces took control of a southern Iraqi oil well on a disputed section of the border on Friday, US and Iraqi officials told AFP. "There has been no violence related to this incident and we trust this will be resolved through peaceful diplomacy between the governments of Iraq and Iran," a US military spokesman told AFP at Contingency Operating Base Adder, just outside the southern Iraqi city of Nasiriyah. "The oil field is in disputed territory in between Iranian and Iraqi border forts," he said, adding that such incidents occur quite frequently. Well 4 lies...

Al-Amara, Iraq - Iranian troops have claimed an oil well on the border of southern Iraq, a senior Iraqi military officer said Friday. Iranian troops on Thursday "occupied" the "Number 4" oil well in the Eastern Maysan oil field, located in the border district of al- Fakah, Brigadier-General Dhafir Nadhmi said in a statement Friday. Nadhmi said that Iranian forces had taken control of the well, dug a trench around it, deployed armoured vehicles, and raised the Iranian flag over the well.